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The next financial crisis might be in your driveway

Finanskrisen spøger stadig
A Chevrolet Suburban is driven through the flood test at the General Motors Milford Proving Grounds in Milford, Mich. Foto: AP Photo/Carlos Osorio

Lured by low interest rates, low gas prices, and a crop of seductive vehicles that are faster, smarter, and more efficient than ever before, American drivers are increasingly riding in style. Don't be fooled by the curb appeal, though-those swanky machines are heavily leveraged.

The country's auto debt hit a record in the fourth quarter of 2016, according to the Federal Reserve Bank of New York, when a rush of year-end car shopping pushed vehicle loans to a dubious peak of $1.16 trillion. The combination of new car smell and new credit woes stretches from Subarus in Maine to Teslas in San Francisco...

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